103 W MONROE, Mount Ayr, Iowa, 50854





MLS: 14022-00014

2,904 SqFt

1,600 SqFt



What You Should Know

  • Restaurant For Sale in Iowa

  • Small Business For Sale Iowa

  • Commercial Building in Iowa

  • Restaurant in Southern Iowa

  • Restaurant For Sale Midwest

  • Restaurant Business For Sale

  • Small Diner For Sale in Iowa

  • Commercial Real Estate in Iowa

Why You'll Love It

Business Opportunity

103 W Monroe St.

Mount Ayr, Iowa 50854









Don't miss out on this opportunity to own your very own restaurant located on the historical square in downtown Mount Ayr, one of the best communities in all of Southern Iowa!  This location would be great for any small business, but it is currently set up as a pizza place!

The square in Mount Ayr is thriving with many businesses including a completely renovated theater, city hall, bowling alley, insurance offices, beauty salons, Bar-B-Que restaurant, boutiques, antique store, local newspaper office, bank, post office, appliance store, parts store, a barber shop, and a Carnegie Library. 

Mount Ayr is also the county seat for Ringgold County and the Ringgold County Courthouse was built in the center of town square.  Enjoy the country charm of this community and the friendly neighborhood where no one is a stranger and everyone is like family!

This restaurant is a turnkey operation.  Mounted on the front of this small brick building is half of an actual Bel Air car!  The 50's atmosphere is carried into the diner with a mural of the Bel Air painted in the hallway.   

The dining area can seat approximately 45-50 people making this a warm, cozy, casual place to relax and enjoy some good food with good friends.  The dining area includes 5 dining booths, 5 tables and chairs, a high rise table with stools, and a soda shop style bar with diner counter stools bolted to the floor.  Also in the dining area is a 2013 Hatco buffet that holds 8 medium pizzas.  There are 2 bathrooms that have been painted in black, white, and red supporting our local Mount Ayr Raiders athletics. 

The diner includes 2 kitchen areas where the current owner utilized one kitchen strictly for pizza making and the other kitchen to prepare sandwiches and daily specials.  The pizza kitchen includes a 2013 model pizza prep cooler and a 2013 Lincoln Impinger pizza oven.  This kitchen also has an exhaust hood with an intake/outtake and several built in shelves.  The second kitchen includes several appliances: a small prep cooler, a standup 2-door freezer, 6 burner stove top range with an oven, 2017 24" charbroiler, and a 2013 5 gallon fryer.  This kitchen also has a dishwashing area and a deep sink.  All appliances that are older than 5 years have had the compressors replaced.  

In 2016 the owner replaced the hot water heater.  The alley behind this quaint building is access to the back side of the business.  This is also where 2 A/C units are located along with an outdoor walk-in freezer that is approximately 6x12 along with a storage shed for many paper products.   

There is also a computer system the owner rented monthly from a company that handles payroll and all accounting along with sending orders to each kitchen independently which the owner stated is assumable and would highly recommend if a buyer is interested.  

Taxes are $678/year

This is an excellent price for this turn-key operation!!  To add to the attraction of this small diner, it is located next to the theater making it convenient to dine before taking in a movie on Friday and Saturday nights as well as the Sunday matinee!  To get a true appreciation for this community and this amazing diner, this is a MUST SEE business! Don't wait!!! us today for a showing and further discussion about opportunities with this listing.   We will work around your schedule to help make this dream a reality for you!  


PRICE REDUCED!! PLUS an opportunity to work with the Great American Pizza Company, if desired, in an effort to bring a pizza business back to our community! The former Greggo's building located uptown on the Mount Ayr square next to Princess Theater is fully equipped for a turn-key operation. Great American Pizza has had a pizza location in Mount Ayr in the past (Owner was co-founder of Breadeaux Pizza) and believes this property is a great location and would do well!! 

Great American Pizza is willing to work with the right buyer to get this successful business running from helping with all the business aspects of the pizza business to financing and assisting with financing down payment money if needed!

This is NOT a franchise and there are no franchise fees or on going royalties! If you would like an opportunity to own your own business on the square and take advantage of the assistance offered by Great American Pizza, don't hesitate! Give us a call TODAY!!

Where You'll Find It

  • Street Address: 103 W MONROE
  • City: Mount Ayr
  • State: Iowa
  • County: Ringgold

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Video Tour

Rhonda Triggs